Human Resource Metrics

Metrics is a tool that allows HR Departments to develop, monitor and drive corporate strategies through access, presentation and analysis of human capital information.

Companies identify, track and analyze key variables, by functional area and business need. This is then graphed, over an user defined time period, to highlight human capital trends and the interaction of key variables.

If you look closely at HR metrics, you get a more complete picture that highlights:

• The impact of HR programs (and related costs)
• HR trends
• How well these align with the corporate goals

Our product suite ships with “out of the box” integrated metrics, specific to each functional HR module.

Companies can also create their own metrics, using data from within system or taken from other systems.

Metrics provides a benchmark for management to measure itself against company goals and objectives, as well as against industry standards.

Metrics is presented in a “language” that is easily understood by your CEO and CFO, making it easier to link HR programs to results and business outcomes.

Metrics can be carried out at all levels, starting with base metrics, such as days to fill, cost per hire, and turnover rate, and progressing to more complex metrics such as employee satisfaction and quality of hire, which might involve a combination of factors and/or formulas to calculate.